Round the Clock Acquisitions 10-January-2008

January 10th, 2008 at 12:00 am

For a moment there I thought that VC’s doling out was unstoppable. Today’s roundup as compared to yesterday’s is not much. Still, it’s good news for them and a spark of hope for everyone else. Thanks to PEHub.

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Kajeet , a Bethesda, Md.-based mobile virtual network for kids and tweens, has raised $10 million in venture debt from BlueCrest Capital Finance. The company last fall closed a $36.8 million Series B round from DFJ Growth Fund, Bessemer Venture Partners, Fidelity Ventures, Gabriel Venture Partners and InterWest Partners.

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ArcMail Technology , a Shreveport, La.-based provider of email archiving and management solutions, has raised $3 million in VC funding. Participants included Advantage Capital Partners and the Louisiana Technology Fund.

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Outspark Inc. , a San Francisco-based provider of a "virtual playground" for online gamers , has raised $11 million in Series B funding. Tencent Holdings Ltd. of China led the round, and was joined by return backers Altos Ventures and DCM.